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Marketing Land Survey: Little Recognition for Marketing Technology Company Brands(January 16, 2014)
(PRWEB) January 16, 2014
Marketing technology software vendors have achieved little brand recognition, according to the results of an exclusive survey of more than 600 Marketing Land readers.
Recognition of marketing technology brands is limited to just a handful of companies. Only 10 companies achieved significant recognition in the unaided brand study. They were named as recognizable brands by more than 10% of those responding.
Almost 90% of companies were mentioned by fewer than 1% of those responding.
We invited Marketing Land readers, by invitations in website banners and e-mail, to answer this question: List the first 10 digital marketing technology companies that come to mind. (You must enter at least 3 responses. Do not include agencies.) Survey participants then entered responses in text boxes with no further guidance about how to answer.
More than 600 Marketing Land readers participated in the survey. The average participant responded with 5.3 companies. A total of nearly 3200 responses were gathered. Three prizes, an iPad Air and two iPod Minis were offered as incentives for completing the survey.
Nearly 60% of those completing the survey said they are corporate marketers; 34% said they work at an agency. 60% also work at companies with less than $25 million in annual revenue. Another 27% work at companies with $25 million-$500 million in sales, while 13% work in enterprises with more than $500 million in sales.
Google, Moz & HubSpot Most Recognized Brands
Google and its acquired brands were the most mentioned. Slightly more than 50% (51.6%) of respondents mentioned the company. Nine Google brands were cited, including DoubleClick, AdMob, YouTube and Wildfire. Google was the most popular response; 80% of those mentioning a company brand chose Google to identify it.
SEO and analytics software company Moz and small/medium business marketing automation company HubSpot were the second and third most mentioned companies, each recognized by about 25% of Marketing Land readers. Both companies have been content marketing advocates and have worked jointly to popularize the phrase inbound marketing.
Moz appears to have been extremely successful in communicating its new brand name to marketers. In May 2013, the company changed its name from SEOMoz to Moz. More than 85% of those mentioning the company called it Moz less than 9 months after the name change.
Enterprise IT Giants Have Mixed Brand Recognition
Four enterprise IT giants that have moved aggressively into marketing software with acquisitions Adobe, IBM, Oracle and Salesforce.com -- have achieved mixed brand recognition results, according to the survey.
Salesforce.com and Adobe ranked 4th and 5th overall in the survey when their acquired brands were rolled up in the totals. They were mentioned by 19.5% and 17.9% of respondents, respectively.
Salesforce.com achieved its overall ranking on the strength of recognition of acquired brands. Salesforce.com accounted for just half of the companys mentions, followed by Exact Target (27%), Pardot (16%), Radian6 (7%) and BuddyMedia (1%).
In contrast, Adobe has been more successful in subsuming the brands of its acquisitions. Nearly 85% of respondents mentioned Adobe. Omniture was the only other frequently mentioned Adobe brand. Other Adobe acquisitions, including Efficient Frontier and Demdex, were not mentioned.
Oracle ranked 12th in the survey. Like Salesforce, acquired properties contributed to most of the recognition. Marketing automation vendor Eloqua, acquired by Oracle in December 2012, accounted for of mentions of the company. Oracle was mentioned by just 17% of those citing the company or its acquisitions.
IBM ranked 24th in the survey. More than 70% of those mentioning IBM or one of its acquired brands cited IBM.
Enterprise, SMB Survey Results Available
Survey results varied depending on the respondents company size. Marketing Land editors prepared summaries based on respondents from small/medium businesses (SMBs) of $25 million to $500 million in annual revenue, and those from enterprise level companies of more than $500 million in annual revenue. These results are available as a free download here.
About Marketing Land and Third Door Media
Marketing Land publishes daily news and analysis covering all aspects of online marketing, from analytics and social media marketing to display advertising and email marketing. Its daily e-mail Marketing Day recaps top online marketing news from around the web.
Third Door Medias mission is to empower internet marketing professionals by providing trusted content and community services they need to be successful. In addition to Marketing Land, Third Door Media publishes Search Engine Land, which provide news, analysis and tutorials to help search marketers do their jobs more effectively. Third Door Media also produces the global Search Marketing Expo conference series and provides a full range of innovative marketing services including lead generation, content creation and licensing via its Digital Marketing Depot brand.
Third Door Media was recognized in 2011, 2012, and 2013 by Inc. Magazine as one of the fastest growing 5000 private companies in America.
Read the full story at http://www.prweb.com/releases/2014/01/prweb11495099.htm.